Answer:
The correct answer is letter "D": Class envy.
Explanation:
In behavioral economics, the endowment effect explains why an individual could give a higher value to an object that posses than giving a low value when the individual does not have it. The approach implies the object has symbolic importance for the individual while having it.
A good example of the endowment effect refers to a teacher that gives one of his classes' students mugs as gifts. The value of the students who received mugs was higher than the value of those who did not get one.
Answer:
deferred revenue
Explanation:
Deferred revenue refers to payments received in advance for services which have not yet been performed or goods which have not yet been delivered.
Answer:
lawyer's computer.
Explanation:
For the economist a stock is capital that can earn income or good that person holds and can sold for a particular price.
In this case the lawyer's computer is a good that the lawyer owns and can be exchanged for money. Also the lawyer can use the computer to help treat court cases thereby earning income.
Answer: Option C
Explanation: In simple words, the goal of an MNC is to maximize the wealth of its shareholders which can be achieved only when the value of that company increases overall.
The increase in value of a subsidiary will only increase the benefit of the stakeholders of that subsidiary while earnings is considered as a temporary benefit in corporate world.
Hence from the above we can conclude that the correct option is C.
C. Conduct a research on your product.
You should have already done the research by this stage